Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1887-05-14
TIE RESOLUTION introduced in the
House BY w. 4. KulAorsOn.

House ~ Ar. 4. u1AcrSOD'
The following is the preamble and
resolution introduced in the House rhurs-
day by MIR. a, FulkcrSon, and to which
rdcrcuce was made yesterday:
WberCas the Roaijus'er pirtv, dominant
in this State on the single, distinct, ana
volEGtiutd issue OF opposition ID the cou-
pon f,ature and other provisions II tho
funding bills OF lS7l-'79, elected minority
- the members 81 the Legislature %
lSSi-'S2. and Gid ascertain and declare by
act ~ ,aid Legislature, ku)wn Is The RID.
6cbTgCr bill, the just and equitable pro-
PORTION II TOE public dett sat should DE
ss.umCG ard paid by Nir,inilt0 De S2l, 03j.-
l,Oln round numbct>. ard lha, interest
th.ICou 20 the rate at per c-uium per ap-
Rum should be eyileuc- BY coupons, not
receivable for lakes, and paid semi-anuuaily
at RE Office # the Treasury OF the STATE.
Tie cunycGtien 81 tbc Democratic purity
Ollie Stale CONVENED 20 Lyurhburg IN lSS3
and declared in IL platform The aclue'-
c,n,c Il tie party In the Riddleherser SET
ten cat and pledged the party never % DIS
tulb laid settlement by rcp'a. or otncr@is',
and uDon The faith OF this declaration AMI
ulrGge majority OF the people by their
vote, endorsed the platform 1T the Noyem-
del election. 1SS3 aud r,in,taicd the Demo-
cratic TarlY in Power in the legislative
branch 81 the government.
TIE Democratic Legislature Of lSS3-'Si.
elected on tie Lyncburg piatiHTm, by joint
resolution passed unanimously Democrats
and Republicans alike voting for il, aud
approved hy the Governor tac Dist Of De-
cember, H. 3 --dcclrcd "thlt the people Of
VIRGINIA have excepted the act ot February
-, lSS2, Known as tie Eiod.c2crger hui.
%. Ice ultimate settlement oi lbe debt OF
ihi- stale; that it is their una.tcrable pur.
pose that that settlement -h,ii b- final, and
that any expectation that any settlement OF
this debt upon any other basis will ever be
mode or tolerated by the people Of Viz
giniq i absolutely illu'Ory and hopeless"
The convection Of The Demoerltic party
aSsCublod in Richmond in the year 1850
and Ttdflirmed the GCchratlop II the purity
made at Lynchburg 10 acquie,ce in said
RiGdleberger settlement, aod again pledged
the PARTY TO stand by that settlement M
good faith; and. taking the field on the re-
terated declaration AMI pledge, the people
sgan endorsed the Democratic party, and
by their votes at The November election.
1885. placed the executive aud legislative
branches OF the government under It's con-
troll.
This legislature, elected on the Rich.
mobd platform. by Joint resolution pissed
at it, regular session, lSSj-'S6, reiterated
and r. affirmed the joint resolution adopted
hy tie Geueral Assembly ~ lSS3-'Sl, APP.
proved December II. 1888, and went
lurlhpr aud declared "tha. the people Of
Virginia are determined that 10 settlement
OF The state deOt shall ever be made upOI
any basis less favorable 10 tie Common
wealth than that proposed by that lw One
Riddleberger blll and the ats amendalory
thereof; and they will carry out in good
iai,h the terms Of that settlement so far az
tie same have CT may be &C epied by the
creditors Of The State.
IRE Governor in bis message OF March
lG, 1887, 10 ibis General Assembly said
rage ~. IN recommending debt commits
sion: "Such 4 commission should only be
uncovered 10 eXDaiu The settlement OF
1881 80 Che R'ddleberger scttlemen) to
tie creditors. dc. 1t should be clothed
eitb no other power. and have no other
duties TO perform. bot % urge them (the
creditors) In accede to the settlement Wiz.
glnia las decreed" therefore
hesOiUed Uhe Senate concurrng), That
tie Joint committee on the debt settlement
is hereby instructed 10 submit TO the COM
miliec OF the Council OF Foreign Bond
holders the proposition n settle the State
debt on ihe terms proposed by the Riddle.
berger bill. and IN the event " it, Monaco
ceptance the joint committee shall cease the
negotiation and report Ms action To the
General Assembly with all the proceedings
Of The debt commission from is Inception.
Mr.. Fukerson ssid be boped the House
would consider this matter; that II Is inn
poriant, and thst the House could do what
IL pleased with II. He thought II was time
The House was taking some action in reie-
renee to the subject, and be therefore moved
suspension OF the rules In order to have
the resolution placed on the calendar.
The House suspended the rules aud The
resolution went upon the calendar.